Publications Archive

In an uncertain economy, one thing is sure: A First Step Mortgage Revenue Bond loan from AHFA helps homebuyers save thousands. On a median-priced home with a 30-year FHA loan, that’s an average savings* of more than $56,000 – about $1875 per year for ...Read More

Education, General Fund Budgets Near Final Passage Both the House and Senate have passed their versions of the state’s two budgets, leaving just three days for final negotiations before the legislative session ends. Here’s a breakdown of the key points: Record Education Funding: The ...Read More

The Alabama Legislature wrapped up its 15th day yesterday reaching the halfway point of their 30-day Regular Session. The Legislature will take a recess next week and will reconvene on March 19. There’s another recess planned for the week of March 25. Governor Ivey ...Read More

School Choice Bill Passes House with Modifications Gov. Kay Ivey’s top education priority, the CHOOSE Act, received a passing grade from the Alabama House of Representatives this week. The robust school choice bill passed with a vote of 69-34, but faced some opposition from ...Read More

House Approves Gaming, Lottery Legislation By a 70-32 vote, the House of Representatives passed a constitutional amendment allowing for casino gaming, lottery, and sports betting in Alabama, well exceeding the required 63 votes needed for passage. The House also voted 67-31 to approve legislation ...Read More

The Alabama Legislature began what is expected to be a highly charged Session with numerous controversial and impactful bills set to be debated. Both the House and the Senate used three out of their maximum 30 legislative days last week. In a shift from ...Read More

by Rob Nichols, American Bankers Association Each year in mid-June, we observe World Elder Abuse Awareness Day (WEAAD)—a day intended to call attention to the pervasive and worsening problem of elder abuse, including financial exploitation. According to a 2022 FinCEN advisory, elder fraud scams ...Read More